Day Trading Blog - This Stock Blog gives insight on daily stock market trading as well as stock trading analysis. We also list stocks to buy, top stocks, stock picks, and the best stocks to invest in 2020. If you are looking for a stock blog about hot stocks that are rising, you came to the right place. Right now my top stocks for 2020 are TNA, GBTC, PZZA, UDOW and SPXL. Visit http://blackberrystocks.com/topstocks2020.html

Saturday, January 11, 2014

Below is a list of the best penny stocks for 2014. These top penny stocks are breaking out to the upside and continue to provide excellent trading opportunities in 2014. Follow me on Twitter for the hottest stock news or join my stock picks group to follow my trades. For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014

Below is a list of the best stocks in 2014. These top stocks are breaking out to the upside and continue to provide excellent trading opportunities in 2014. Follow me on Twitter for the hottest stock news or join my stock picks group to follow my trades. For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014

Twitter (TWTR) continues to be volatile as we get closer to earnings on February 5, 2014. I have been trading this stock almost daily due to the stock trading below $60. I like the risk reward since TWTR is down $20 from the high. However, I likely won't hold into earnings. Long term, Twitter will have to prove it can beat analyst estimates and raise guidance to support the current valuation. Sell TWTR above $70, buy below $60. TWTR will have support at $55. Resistance is located at $58.80. If you trade Twitter, join us in the stock picks group where we discuss the stock almost daily.

Yelp (YELP) stock hit a fresh record high on Friday at $82.43. I'm expecting another record high next week but then a pause into earnings in early February. If YELP reports it's first profit, shorts will be squeezed hardcore! I have a $190 price target on YELP for the next 3-5 years. I continue to hold a large position in my long term account while trading it in my short term account. Right now the average in my long term account is $53.56.

The next Intercept Pharmaceuticals (ICPT) could be Clovis Oncology (CLVS) said Citigroup analyst on CNBC Friday night. Shares of Clovis (CLVS) jumped 10% to $81.50 in after hours, down from the high of nearly $92. Citigroup has a $109 price target on CLVS for 2014. The analysts expects strong data to be released in January 2014. We will be watching it in the Stock Picks Group.

Intercept Pharmaceuticals (ICPT) surged again on Friday after the company reported strong liver disease drug data last week. ICPT stock is now one of the Top Stocks in 2014 with a gain of over 550%.

Intercept Pharmaceuticals (ICPT) dropped into the close on Friday and again in after hours trading. Shares closed the regular session at $446 and closed after hours at $418.50. ICPT will have support at $387 as well as $373. A break below $373 could set up a move to $340-$350 but then produce a bounce. We will be watching it in the Stock Picks Group.

Earnings January 14, 2014 - In the stock picks group, we will be watching key earnings on Tuesday. Wells Fargo (WFC) & JP Morgan (JPM) will be releasing a critical stock moving earnings report. If I like what I see, I will be buying for sure.

For more hot stocks to watch, sign up and join my trading group, stock picks group. I send out a daily pre market email and identify stocks to watch and what I'm buying and selling each day. We also trade stocks off earnings reports and hot IPO's.